+64 9 520 9200      enquiries@alliott.co.nz

The Business Advisory Blog

Welcome to our blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents.  Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Email me when new posts are made to this blog

Small business cashflow (loan) scheme changes

Written by Vanessa Williams on November 16th, 2020.      0 comments

IRD iconThis month the Government announced changes to the Small Business Cashflow (loan) Scheme. Our article provides you with information on these changes.
 

COVID19 staff layoffs an expensive business

Written by Ross Henderson on September 7th, 2020.      0 comments

resilience copyEmployment law experts say this case sends a strong message to employers not to rely on the pandemic to seek to justify a failure to follow proper process.
 

Resurgence Wage Subsidy Scheme

Written by Vanessa Williams on August 19th, 2020.      0 comments

Graphic for a website page- CoronavirusNew Zealand employers who have had, or expect to have, a revenue drop of at least 40% because of COVID-19, for a 14 day period between 12 August to 10 September, compared to a similar period last year can get it.  Other eligibility criteria is similar to the previous wage subsidies.
 

8 Areas to Maximise Your Marketing Results

Written by Vanessa Williams on August 10th, 2020.      0 comments

sales up-477What key areas should you review to maximise your marketing return? In our article, we consider these and how you can use analysis of your industry data (incl competitors) to inform what you should be doing now. We look forward to seeing some discussion on this and hope you take up our offer to discuss Measuring your Marketing Performance!
 

New Zealand Budget 2020

Written by Vanessa Williams on May 15th, 2020.      0 comments

budget blocks copyAs expected, the 2020 Budget has been a high spending one with a deficit forecasted to be $29.6 billion in 2021. We break down the expenditure and key initiatives.

 

COVID-19 Tax Measures and Alert Levels

Written by Greg Millar on April 16th, 2020.      0 comments

Graphic for a website page- CoronavirusAs we near the end of the initial four-week lockdown, the Government has released further Tax Measures to assist businesses including more complete information on what Alert Level 3 would mean. Yesterday the Government announced two further tax proposals - Tax Loss Carry Back Scheme and changes to the Tax Loss Continuity Rules.
 

COVID-19 Tax changes to support businesses

Written by Vanessa Williams on April 15th, 2020.      0 comments

Graphic for a website page- CoronavirusToday the Government announced a further set of tax proposals to help businesses manage the impacts of COVID-19. You can read the Government’s full announcement and fact sheets on the Beehive website or the Inland Revenue's summary here.
 

Business Finance Guarantee Scheme

Written by Vanessa Williams on April 8th, 2020.      0 comments

Graphic for a website page- CoronavirusThe $1 billion BFGS scheme is available to all eligible New Zealand-based businesses with an annual turnover of $250,000 to $80 million that have been impacted by COVID-19.
 

Special Tax Alert - Coronavirus COVID19

Written by Vanessa Williams on March 17th, 2020.      0 comments

Graphic for a website page- CoronavirusThe New Zealand Government has announced a $12.1billion business continuity package aimed at assisting businesses through the COVID-19 situation. The largest element of the package is the delivery of $5.1billion in wage subsidies to businesses and the delivery of support for workers needing to self-isolate, delivered through the Ministry of Social Development.
 

BP and Xero Connect

Written by Greg Millar on November 18th, 2019.      0 comments

xero-platinum-partner-badge-RGB-608Xero now integrates with the BP Fuelcard in New Zealand, keeping small businesses on the road without the headache of holding onto physical receipts.
 

The Importance of Categorising Your Customers

Written by Greg Millar on September 23rd, 2019.      0 comments

barcode head-448While customers are important, not all are alike. Classify yours to help you understand which groups represent the most value to your business and will help you identify your most profitable segments with target services and communications.
 

Using Data to Drive Success

Written by Vanessa Williams on September 9th, 2019.      0 comments

success-182This article explains how the approach to sales is undergoing fundamental change as organisations gain access to data that was previously unavailable. Analysing sales performance helps us decide what to do next in terms of generating leads, product focus and improved lead times. And it is easier than ever before to track our progress and grow our revenue.
 

Protecting Your Assets and Securing Your Future

Written by Greg Millar on August 19th, 2019.      0 comments

baton-405Our article focuses on the importance of having a proper plan in place to protect business assets.
 

Stay close to your numbers

Written by Vanessa Williams on June 10th, 2019.      0 comments

calculator ledger-516Find out how having a better understanding of your numbers helps you to make better business decisions. 
 

Business performance

Written by Mike Barnes on November 26th, 2018.      0 comments

Mike Barnes-15Jack and Dianne earn a comfortable income from the business but are concerned that things have struggled to grow in the last 18 months. Read guest blogger Mike Barnes' take on their situation.
 

Social media updates for business

Written by Greg Millar on February 8th, 2018.      0 comments

bigstock-Social-Media-Computer-Key-Show-967If you are a business owner using social media to promote your business, are you aware of the changes to the Facebook news feed and how this change could affect your business?

We also compare using Google MyBusiness vs Google+ for business posts.
Topics: business, marketing
 

Stop the glorification of busy-ness

Written by Vanessa Williams on October 2nd, 2017.      0 comments

stress-745The trend is for everyone to be as busy as possible! Here’s why that’s a bad idea.

 

New website on NZ business funding

Written by Greg Millar on April 10th, 2017.      0 comments

hand-352-636A new website has been created to help NZ businesses learn about government grants and other sources of funding for growth and innovation.
 

Your business by design

Written by Vanessa Williams on January 23rd, 2017.      0 comments

race-341Most businesses are built by default – not by design.

Very few businesses start ‘with the end in mind’ and design it from the ground up. Most businesses grow by default with people, systems, culture, clients, numbers, habits and attitudes.

 

To Add-on or not to Add-on? That is the question.

Written by Emma Clare and Jill Robertson on June 17th, 2014.      0 comments

Take two retail businesses. Biz One is high volume, low margin and Biz Two is low volume, high margin. Both use Xero and both want better cost management, stock control and sales insight. Time for an add-on, right? Well, not necessarily.